About Medical Ultrasound Knife
Medical ultrasound knife refers to an instrument used in the healthcare sector to accurately and clean cut. It is used in medical areas as surgery, endoscopy, ophthalmology, dermatology, histology, and others.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies in these industries are seeking ways to reduce costs, improve product quality and production efficiency. The focus is on improved productivity and reduced production cost structure. Smart production technology has provided with ample technological solutions for small and medium-sized companies and its users with connected supply chains. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Medical Ultrasound Knife market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Stryker Corporation (United States), Ethicon Inc. (United States), Ebme (United Kingdom) and Wuhan BBT Medical Tech (China) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Lotus Ultrasonic Scalpel, MDA, Lake Reion Medical, Axon Medical Solutions Private and Tonglu Rex Medical Instrument.
Segmentation Overview
AMA Research has segmented the market of Global Medical Ultrasound Knife market by Type (Suction and Cutting), Application (Ophthalmology, Orthopedics and Others) and Region.
On the basis of geography, the market of Medical Ultrasound Knife has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Preference for Multi-Vendor Contracts
Market Growth Drivers:
Growth in the Medical Ultrasound Knife Owing to Rising Awareness and Rising Focus towards Preventive Medical Equipment Maintenance
Challenges:
Survival of Players in A Highly Fragmented and Competitive Market
Restraints:
High Initial Cost and Significant Maintenance Expenditure and Stringent Government Rules and Regulation
Opportunities:
Emerging Market Provides Numerous Growth Opportunity
Market Leaders and their expansionary development strategies
In September 2021, GE has entered into an agreement to acquire BK Medical, a leader in advanced surgical visualization, from Altaris Capital Partners for a cash purchase price of USD 1.45 billion.
In June 2020, Accuray Incorporated announced the company has launched the CyberKnife S7 System, an innovative device combining speed, advanced precision and real-time artificial intelligence (AI)-driven motion tracking and synchronization treatment delivery for all stereotactic radiosurgery (SRS) and stereotactic body radiation therapy (SBRT) treatments
Key Target Audience
Medical Ultrasound Knife Manufacturer, Medical Ultrasound Knife Supplier, Raw Material Supplier, Government Bodies and Association, Research Laboratories and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.